{"id":250409,"date":"2022-06-21T14:26:34","date_gmt":"2022-06-21T14:26:34","guid":{"rendered":"https:\/\/armbanks.am\/2022\/06\/21\/250409\/"},"modified":"2022-06-21T14:26:34","modified_gmt":"2022-06-21T14:26:34","slug":"armenian-central-bank-applies-sanctions-against-some-currency-exchnage-offices","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2022\/06\/21\/250409\/","title":{"rendered":"Armenian central bank applies sanctions against some currency exchnage offices"},"content":{"rendered":"\n<p><strong>YEREVAN, June 21. \/ARKA\/. <\/strong>The Central Bank of Armenia said today it has applied sanctions against several currency exchange offices for anti-competitive behavior.<\/p>\n\n\n\n<p>It specified that some of these exchange offices were warned against such behavior, some others were penalized and the operation of some others was suspended..<\/p>\n\n\n\n<p>&#8220;Since October 5, 2021, there have been manifestations of anti-competitive agreement and abuse of exchange rates in the foreign exchange market of Armenia,&#8221; the regulator said in a statement.<\/p>\n\n\n\n<p>The Central Bank said it found that a number of exchange offices, violating the requirements of the legislation, entered into an anti-competitive agreement on the establishment of unified wholesale exchange rates.<\/p>\n\n\n\n<p>The exchange rates agreed between them were published on information platform rate.am, which affected the behavior of other exchange offices.<\/p>\n\n\n\n<p>The exchange rate of the dram has strengthened about 25% against USD and Euro over the last several months. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia said today it has applied sanctions against several currency exchange offices for anti-competitive behavior.<\/p>\n","protected":false},"author":1,"featured_media":182193,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":{"0":"post-250409","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=250409"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/182193"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}